In an unprecedented move, South Africa's 2025 Budget Speech has been postponed due to GNU disagreements. While markets react ...

Financial experts warn that a potential VAT increase could devastate South African households already struggling with rising ...

President Cyril Ramaphosa defended the Minister of Finance, Enoch Godongwana after the first GNU budget speech was postponed ...

“The are some people who say we did not pass the budget because we are scared of the DA. No, it is us, the ANC, who want to ...

Sindisiwe Patience Mkhize approached the court after her arm was broken when a large group of passengers ran through the ...

In a critical moment for South Africa's economic landscape, former Finance Ministers Nhlanhla Nene and Malusi Gigaba have ...

Finance Minister, Enoch Godongwana, proposed raising the value-added tax (VAT) from 15% to 17% to address a significant budget deficit. This proposal led to a cabinet rift, resulting in the ...

On Wednesday, Finance Minister Enoch Godongwana planned to announce an increase of 2 percentage points in VAT during the 2025 ...

DA government sources say Enoch Godongwana and the ANC overplayed their hand by not consulting beforehand about the budget.

Every R1 million spent in the construction sector generates up to three jobs, highlightnig the importance of the sector.